Class B Interest Allocation definition

Class B Interest Allocation for any Distribution Date means the sum of the Class B Tranche Interest Allocations for all Tranches of Class B Notes.
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Class B Interest Allocation means the sum of the Class B Tranche Interest Allocations for each Tranche of Class B Notes of this Series.
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Examples of Class B Interest Allocation in a sentence

  • Principal Amounts allocable to the Class C(2020-5) Notes may be applied to pay the Class A Interest Allocation and the Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • Principal Amounts allocable to the Class C(2012-2) Notes may be applied to pay the Class A Interest Allocation and Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • Principal Amounts allocable to the Class C(2015-1) Notes may be applied to pay the Class A Interest Allocation and Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • The Calculation Agent shall make the following adjustments after giving effect to step (39) of the Cash Flows (Class B Interest Allocation Shortfall from Class C Principal): Class A Usage of Class C Notes.

  • Principal Amounts allocable to the Class C(2018-1) Notes may be applied to pay the Class A Interest Allocation and the Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • Principal Amounts allocable to the Class C(2014-3) Notes may be applied to pay the Class A Interest Allocation and Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • The Calculation Agent shall make the following adjustments after giving effect to step (38) of the Cash Flows (Class B Interest Allocation Shortfall from Class D Principal): Class A Usage of Class D Notes.

  • Principal Amounts allocable to the Class C(2020-3) Notes may be applied to pay the Class A Interest Allocation and the Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • Principal Amounts allocable to the Class C(2016-1) Notes may be applied to pay the Class A Interest Allocation and the Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.

  • Principal Amounts allocable to the Class C(2017-1) Notes may be applied to pay the Class A Interest Allocation and the Class B Interest Allocation or the Series Servicing Fees of the DiscoverSeries, to the extent set forth in the Indenture Supplement.